FCA pushes back deadline for fund value assessments – Ignites Europe
The UK financial regulator has extended the deadline for annual fund value assessments by two months, to give managers leeway … Continue reading FCA pushes back deadline for fund value assessments – Ignites Europe
Esma curbs high-watermark performance fees – Ignites Europe
Europe’s markets watchdog is pushing ahead with plans to limit the ability of funds with high-watermark performance fee structures to … Continue reading Esma curbs high-watermark performance fees – Ignites Europe
Esma rejects EU-wide ban on inducements – Ignites Europe
Policymakers had been considering whether inducements for the provision of retail investment products should be banned across the EU, as … Continue reading Esma rejects EU-wide ban on inducements – Ignites Europe
UK fund boards must ‘challenge’ firms, warns FCA – Ignites Europe
The UK’s financial watchdog has urged fund boards to actively challenge investment managers over the value they deliver to retail … Continue reading UK fund boards must ‘challenge’ firms, warns FCA – Ignites Europe
Merian to review fee structures following value assessment – Ignites Europe
“Merian Global Investors’ UK fund board is to review the pricing structure of its funds to ensure that cost savings … Continue reading Merian to review fee structures following value assessment – Ignites Europe
Questions raised over value of funds with fixed fees – Ignites Europe
Questions have been raised over whether investors in funds that levy fixed fees are receiving value for money after research … Continue reading Questions raised over value of funds with fixed fees – Ignites Europe
Ban on fund charge caps ruled out by Esma – Ignites Europe
…Esma’s approach is likely to mean that different rules will apply to Ucits funds with performance fees being sold into … Continue reading Ban on fund charge caps ruled out by Esma – Ignites Europe
Asset managers ‘should cut fees as assets rise’, says CFA UK – Ignites Europe
Asset managers should embed cuts to funds’ annual charges as assets rise, in a move that would slash firms’ revenues … Continue reading Asset managers ‘should cut fees as assets rise’, says CFA UK – Ignites Europe
Assets in pre-RDR share classes fall to £184bn – Ignites Europe
Investors in UK funds worth £184bn (€214.8bn) are still in higher-charging share classes, despite new rules introduced last year that … Continue reading Assets in pre-RDR share classes fall to £184bn – Ignites Europe
Mifid II pushes fund managers to reduce turnover – Ignites Europe
Equity fund managers are not trading stocks as much as they used to following the introduction of new rules that … Continue reading Mifid II pushes fund managers to reduce turnover – Ignites Europe